Firms get more time to repay bounce-back loans
Repayments can be spread over ten years, rather than six.
Repayments can be spread over ten years, rather than six.
The cash boost will be made available from 31 July 2021.
Fines to kick in after 28 February 2021.
50,000 small firms close every year due to late payments.
Firms will be able to receive up to £9,000.